Unlock the potential of a 1950s home on a rare 885sqm near-city allotment.

26 Edwin Avenue, Collinswood, 5081

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 885 sqft
  • Bedrooms 3
  • Bathrooms 1
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Swimming Pool - Inground
  • Garage: 1
  • Open Spaces: 3
  • Built-in Wardrobes
  • Rumpus Room
  • Split-system Air Conditioning
  • Living Areas: 2
  • Toilets: 2

Property Overview

Auction Saturday 20th of March at 1pm unless sold prior

On a tightly held and quiet street in a premier city-fringe suburb comes a solid brick family home of untold potential.

A 70-year legacy to one family becomes progress for the next in a spacious 3-bedroom home on nearly 900sqm* of land - yet whatever your plans for the home's classic 1950s profile, the pool, or rare land with eyes for two new detached dwellings (STCC), there's no immediate rush with long-term tenants in place.

Keep the rent coming in or upgrade and enjoy the lifestyle on everyone's mind: cycle into town via Linear Park, walk to the city bus, Drake's Supermarket, Walkerville Terrace shopping, cafes, and eateries, with a 4.5km dash to North Adelaide or Adelaide Oval.

With a 21m* frontage, discreet, locals-only one-way link to North East Road and a property looking forward to improvements, whether you renovate, extend, rebuild, or develop, the best decision right now is to buy…

A summary of what's on offer:
- Outstanding potential on 885sqm* of level land (STCC)
- 21m* frontage / 42.06m* depth
- Light & airy lounge with in-built joinery & fireplace mantel
- Decorative cornices & 3m* ceilings
- Flexible home office/central dining room
- Retro kitchen with swing doors & banquette dining
- 3 double bedrooms (or 2 plus a huge rumpus/games room)
- Built-in robes to bedrooms 1 & 2
- Original bathroom plus a 2nd WC off the laundry
- Daikin split system R/C air conditioning & ceiling fans
- 9m* x 4.5m* concrete swimming pool & pool house
- Detached brick garage, shed, & off-street parking for 2-3 cars
- Long-term tenants on a periodic lease paying rent of $420pw
- Walking distance to St. Monica's, St. Andrews, & Walkerville Primary Schools
- 2kms to prestigious Wilderness School
- Coveted zoning to Adelaide & Adelaide Botanic High Schools

*Measurements approximate

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

CT / 5425/1
Equivalent Building Area / 166 sqm approx.
Land Size / 885 sqm approx.
Council / Prospect
Council Rates / $2,566.76 p.a.
Water & Sewer / $236.98 p.q.
ESL / $198.25 p.a.
Torrens Title
Zoning / Residential Policy Area A350
Frontage / 21.03m Depth / 42.06m
Current Rent / $420 per week

Speak to TURNER Property Management about managing this property
#expectmore

Location on Google Map

26 Edwin Avenue, Collinswood, 5081

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